M’sia scores as offshore financial services location


Malaysia has been identified as a promising offshore location for financial services in the developed world, which is expected to transfer about two million jobs to low-cost bases abroad over the next five years. 

The pull factors for Malaysia are its “promising new technology corridor, low-cost labour and real estate, potential scalability issues and fair levels of infrastructure relative to Asia,” according to a survey by Deloitte Consulting. 

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